Asian stocks rose with U.S. futures, and the yuan advanced after a report that the U.S. and China are close to a trade deal that may end American tariffs. The dollar fluctuated and Treasuries dipped.
Chinese and Hong Kong shares saw the biggest gains, though equities climbed across the region and European futures pointed higher. Beijing has made it clear in a series of recent talks with the U.S. that removing the tariffs on $200 billion of Chinese goods from day one was necessary to finalize any deal, according to people familiar. Meanwhile, weighing on the dollar was a warningagainst excessive strength in the greenback from U.S. President Donald Trump.
Nikkei +1.02% Hang Seng +0.59% CSI +0.91% Shanghai +0.84% Shenzen +1.85%
Eur$ 1.1365 CNY6.6934 CNH 6.6908 JPY 111.96 GBP 1.3228 CHF 0.9997 TRY 5.3760 RUB 65.7812 WTI$ 56.03
S&P +0.37% EuroStoxx +0.42% FTSE +0.40% Dax +0.42% SMI +0.46%
Macro :
- Italy’s League Gains Ground in Ipsos Poll as Five Star Slips
- Goldman, JPMorgan Still See Upside in China Assets After Rally
- May Gets Boost as She Seeks Approval for EU Deal: Brexit Update
- May Accused of Buying Brexit Votes With $2 Billion to Poor Towns
- Italy in the Danger Zone Alarms Rest of Europe a Year After Vote
Keep an eye on :
- AD NA : Watch Ahold on Report Amazon Planning More Grocery Stores
- ALPH SW : Alpiq Full Year Adjusted Ebitda CHF166 Mln
- AMEAS FH : Anta-Led Group Confirms Amer Sports Offer Won’t Be Extended
- BKIA SM : Bankia to Sell EU1B of Real Estate-Linked Loans: Confidencial
- BMW GY : BMW Group U.S. February Sales Climb 0.2% to 23,558 Vehicles
- BOKA NA : Boskalis Joint Venture to Sell Kotug Smit Towage; EV of EU300M
- BP/ LN : Bidders Said to Emerge In BP’s $7 Billion U.S. Shale Asset Sale
- BW NO : BW Offshore Considers Purchase of Maromba Field Offshore Brazil
- CA FP : Carrefour’s CEO Urges Equal Taxation for Amazon, Alibaba: JDD
- CLIMEB SS : Breakthrough Energy Invests $12.5m in Climeon Collaboration
- DAI GY : Mercedes-Benz U.S. Luxury Auto Sales Down 12.5% in February
- DAI GY : Daimler Chief Backs Higher Commercial Diesel-Truck Taxes: FT
- DFDS DC : DFDS CEO Smedegaard Steps Down as CFO Carlsen Takes Over
- DIA SM : DIA Board: LetterOne Capital Increase Doesn’t Solve Co’s Needs
- FB US : Facebook Sues China-Based Companies for Selling Fake Accounts
- FRE GY : Akorn Says to Still Defend Against Fresenius’s Remaining Claim
- GBB FP : China’s ICBC Ready to Buy Stake in Bourbon, Les Echos Reports
- III LN : 3i, Greene King, Takeaway.com to Be Added to Stoxx Europe 600
- ISAT LN :
- ITP FP : Interparfums Raises 2019 Rev. Target to EU480m vs EU470m
- BAER SW : Julius Baer Buys Majority Stake in NSC Asesores
- KARN SW : Kardex Full Year Revenue Meets Estimates
- LIN GY : Linde Delays 10-K Filing; Required Added Time Due to Merger
- LOK LN : Lok’nstore Chairman Sells Shares, Cites Investor Buying Interest
- NOVN SW : Novartis Psoriasis Drug Cosentyx Shows High Efficacy in China
- UG FP : EU Rules Must Not Stifle Battery Project, Tavares Tells Figaro
- RNO FP : Suga Denies FT Report That Abe Backed Opponents of Nissan Merger
- RR/ LN : Rolls-Royce Backs Out of Fighter Jet Project With Turkey: FT
- RR/ LN : Rolls-Royce Seeks Buyer for Nuclear-Equipment Unit: Sunday Times
- RDSA NA : Shell India May Sell 10% Stake in Mahanagar Gas After July: Mint
- RYA ID : Ryanair in Pact With German Pilot Union on Pay, Allowances
- SSC NO : *SCOTTISH SALMON CEO BOUGHT 27K SHARES OF COMPANY AT NOK 17 EACH
- SNBN SW : SNB Posts 14.9 Billion Franc Loss on Foreign Currency Holdings
- SLA LN : Standard Life’s Gilbert Says Job Cuts ‘Already Factored In’
- TIT IM : Telecom Italia Sparkle Names Mario Di Mauro New CEO
- UCB BB : Presented positive data from the Phase 2b BE ABLE extension study of bimekizumab in patients with moderate-to-severe chronic plaque psoriasis
- VAO GY : Vapiano to Slow Pace of Restaurant Openings: CEO to Focus
- VOw3 GY : Volkswagen of America Reports Feb. 2019 Sales Results Down 3.6%
- VOW3 GY : German Car Industry to Invest $45 Billion in Electric Vehicles
- VOW3 GY : Volkswagen Brand’s Profitability Falls in 2018: Spiegel